AMBCrypto and CryptoBriefing both report a surge in Binance XRP open interest around August 17-18, 2026, but give conflicting dollar figures for the metric.
What all sources agree on
- Both sources report a surge in Binance XRP open interest around mid-August 2026.
- Both sources note XRP's price hovering near the $1 level.
Where the reports disagree
1Current level and baseline of Binance XRP open interest
Binance Open Interest (OI) has jumped from roughly $360 million in early August to $461.3 million, representing the highest OI value since early July.
XRP futures open interest on Binance surged to $232.7 million on August 17, marking a 28.6% jump from roughly $181 million just two weeks earlier. It's the highest level since June
What would settle it: Binance's own open interest data feed for XRP futures/perpetuals for the relevant dates.
What to make of it
Treat the general direction — rising Binance XRP open interest in mid-August 2026 — as reported by both outlets, but do not rely on either specific dollar figure until checked against Binance's own open interest data.
Treat the general direction — rising Binance XRP open interest in mid-August 2026 — as reported by both outlets, but do not rely on either specific dollar figure until checked against Binance's own open interest data.